This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Qualcomm Inc. rose 5.8% to $186.48 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.7% to 7,537.43 and the Dow Jones Industrial Average rising 0.3% to 53,055.91.
The stock's rise snapped a five-day losing streak.
Qualcomm Inc. closed 28.3% below its 52-week high of $259.92, which the company achieved on May 29th.
The stock outperformed some of its peers, as NVIDIA Corp. rose 0.4% to $195.55, Broadcom Inc. rose 3.7% to $373.90, and Intel Corp. rose 1.54% to $122.20.
Trading volume totaled 15.3 million, compared to the 50-day average of 26.2 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 06, 2026 16:34 ET (20:34 GMT)
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